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Good morning, carl has the morning off. We want to focus on the state of mna in tech. There has been swings and others that were formally the prey have skyrocketed to valuation thats now give them currency to join the hunters. Between tiktoks impending sale, were seeing now in the second half of the year there is plenty of action still to come. Listen to what bob peck told us yesterday on that front. If you go back to march, it was about two billion. So really it ground to a halt. You saw in june, and it has been a tale of two cities a big acceleration and 3 q over 2q so you have seen a ramping here. People are getting more of a feel on valuation, liquidity concerns, their portfolios, s a strategic rationale and more mna continuing to take place through the rest of the year tiktok is the most talked about target President Trump saying he will not extend the deadline. Oracle is on the hunt to buy it, they didnt talk about it at al ....
Another record for alibaba on its 11th annual singles day as Worldwide Exchange begins right now. Nothing like a little guns n roses on a monday morning. Im dominic chu. Happy veterans day to all those who are serving and have served our great country. Heres how your money and the Global Markets setting up. The dow will open down today by just around 120 points at this stage. The s p off by about 12 and the nasdaq off by 42, as well. Taking a bit of a pause from the record runs. Stocks are coming off their third positive week in a row and the eighth record close of the year the bond market is closed for veterans day and that holiday banks, as well lets go now worldwide in the early trade for europe we are seeing the negativety carry over there the german dax off by 0. 3. Now, in asia red across the board as unrest in Hong ....
European stocks are down a little bit, a lot of focuses on trade. A lot of focus on what happens next. We heard from donald trump saying hes not ready to roll back tariffs, some and we heard from his advisors last week. The focus is on alibaba as a litmus test of the strength of the chinese economy for a single day and the numbers are staggering. China approving new loans coming it 661 billion yuan. Pound at 1. 2805. We will be speaking to u. K. Chancellor, that interview was later today. Lets getntime straight to bloomberg first word news here in london. Spain has left more ungovernable than ever. Their leader now has fewer lawmakers than before, he now faces torturous negotiations to form a government. Australia is bracing for another week of devastating bushfires, flames in the eastern seaboard and even areas of great sydney are facing catastrophic threat. More people have died and than 150 homes destroyed as fires rip through areas hit by a two year drought. Chinas consumer inflati ....
Easy morning. Lets start with a live look at our bridges. Starting with the san mateo bridges morning. Everything looks pretty darn good. In fact a little bit later than usual. Not sure why, but i guess everyone decides theyre going to work from home on tuesday. In the meantime you have some company but never in a break like that all. In the eastbound direction everything seems to be moving right along. Not a single problem there. Onto the bay bridge for the metering lights are not yet on. They should be on here in the next 20 minutes or so. In the meantime we are starting to see added volume at the toll plaza and certainly those cash lanes are backed up but also the fasttrack lanes are a little bit slow as well. Went to through the toll plaza you are back up to a regular running speed and smooth sailing into the city. Off to the Richmond San Rafael bridge, we do have emergency construction in place and you can see chp on the ....
San jose. Jackie . Reporter people woke up to bullet holes in their car like this one after police say lo activity. D to kill reporter the Sheriffs Office tells us about 10 20 last night, people on this part of richmond avenue in san jose heard gun shots andpeed off. I heard a person yell, ow, really loud. I called the sheriffs department. Reporter there have been two or three shootings in the area in the last two to three years. If youre in bed and hear the shots, the bullets can fly through walls. Reporter he got home and his girlfriend heard the gunshots. Ichs three minutes removed from the situation. You think back. A couple of minutes here or there. Reporter the Sheriffs Office obtained Surveillance Footage that shows a man confronting a man and the suspect chases the victim out of camera range. Shortly afte ....